real estate market

TORONTO — The Canadian real estate sector might not be a buyers' market quite yet, but a shift away from the rapid price increases of the past few years is well underway with home sales in both the Greater Toronto and Vancouver Areas…

VANCOUVER – The Real Estate Board of Greater Vancouver says last month's home sales were down a whopping 43 per cent from last July and 23 per cent from this past June.Sales in the region totalled 1,887 last month and were 35.2 per…

Greater Toronto Area (GTA) new condominium sales totaled 6,792 units in the second quarter, declining 19% from the first quarter and 24% year-over-year but remaining above the 10-year average of 6,302 sales, according to Urbanation…

A press release from CENTURY 21 Canada states that while interest rates have been on the rise for the past few months, the Canadian housing landscape continued to see pricing growth during the first six months of this year. The company…

VICTORIA — British Columbia's incoming three-day cooling-off period aimed at protecting potential homebuyers will not make a big difference in a market that is shifting from frenzied to balanced, the head of the B.C. Real Estate Association…

NEW YORK (AP) – It's the summer that cooled off the housing market.Rising mortgage rates have combined with already high home prices to discourage would-be buyers. Mortgage applications have declined sharply. Sales of previously…

TORONTO – A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction next year.Robert Kavcic says governor Tiff…

OTTAWA – Canada's annual inflation rate rose to 8.1 per cent in June, boosted by soaring gas prices, which rose more than 50 per cent compared with a year ago, Statistics Canada said Wednesday.The June inflation rate was up from 7.7…

OTTAWA – Economists are predicting an even higher reading of inflation for June as energy and food prices crept higher and the economy reopened further.The consumer price index in Canada hit a nearly 40-year high of 7.7 per cent in…

TORONTO – When Gina Athanasiou's father died in 2016, she realized her mother, who bounced between Canada and Greece for most of her life, didn't have a pension large enough to cover the soaring costs of a Toronto home.The solution?…